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Lam Research Corporation (LRCX) Stock: Price, Forecast & Analyst Target

Lam Research Corporation (LRCX) — MoonshotScore 93/100 (Exceptional band), calculated Oct 5, 2026. Price $347.49 (+2.17%), as of the Oct 2, 2026 trading session; market cap $435B. Expected results Oct 21, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 77.97× (market value Oct 2, 2026; cash Jun 28, 2026) · expected results Oct 21, 2026

$347.49 +$7.39 (+2.17%) Market Cap $435B

Lam Research Corporation · LRCX · NASDAQ · Technology · Semiconductors

Research dated 2026-09-12: Lam Research sells the deposition, etch, cleaning and metrology equipment that semiconductor manufacturers use inside wafer fabrication, then supports that installed base through repair and maintenance. The decisive question is whether expanding fabrication spending and adoption of platforms such as Akara can sustain growth in systems and support strongly enough to meet the expectations embedded in the valuation.

Price as of Oct 2, 2026

Key Statistics

93 of 100

MoonshotScore v2 · Lam Research (LRCX)

Exceptional
Business Quality Elite (95)
Financial Safety Fortress (84)
Valuation Rich (23)
Growth Durability Compounding (86)
Momentum Surging (90)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Elite quality, a strong balance sheet and durable growth, but an expensive valuation; the market is already moving on it. Business Quality: Elite; Financial Safety: Fortress; Valuation: Rich; Growth Durability: Compounding; Momentum: Surging.

Price relative to book value is the main valuation drag relative to sector peers.

  • quarterly revenue $6.72B (Q4 FY2026, quarter ended Jun 2026)
  • EPS beat 8 of 8
  • expected results Oct 21, 2026

Holding back: a rich price

Helping: business quality, balance-sheet strength, durable growth, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for LRCX (29 recorded, newest six shown)
RecordedScoreBand
92Exceptional
91Exceptional
92Exceptional
92Exceptional
92Exceptional
92Exceptional

The score was 93 in the stored Oct 4, 2026 snapshot and remains 93 in the current publication computed Oct 5, 2026 (0); the largest pillar moves were Growth Durability +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$347.49
Change on the day+2.17%
52-week range$131.02 – $438.50
Market capitalisation$435B
Price / earnings (trailing)60.02
Shares traded on the day7.46M
Beta (volatility vs the S&P 500)1.86
Dividends per share (last 12 months)$1.11
Dividend yield (last 12 months)0.32%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $103, high $389, latest $347. 4 reported quarters marked, 4 above and 0 below the recorded estimate. 1 other dated event marked. $389 $103 high $389 Oct 22, 2025 · Earnings results · reported above the recorded estimate · close $1521Jan 28, 2026 · Earnings results · reported above the recorded estimate · close $2332Apr 22, 2026 · Earnings results · reported above the recorded estimate · close $2683Jul 29, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $2934Jul 29, 2026 · Earnings results · reported above the recorded estimate · close $2935 Sep 5, 2025 Oct 2, 2026 · $347 $103Sep 5, 2025$127Sep 19, 2025$146Oct 3, 2025$142Oct 17, 2025$157Oct 31, 2025$148Nov 14, 2025$156Nov 28, 2025$161Dec 12, 2025$178Dec 26, 2025$218Jan 9, 2026$218Jan 23, 2026$231Feb 6, 2026$245Feb 20, 2026$199Mar 6, 2026$228Mar 20, 2026$218Apr 2, 2026$268Apr 17, 2026$257May 1, 2026$285May 15, 2026$318May 29, 2026$367Jun 12, 2026$379Jun 26, 2026$350Jul 10, 2026$305Jul 24, 2026$311Aug 7, 2026$314Aug 21, 2026$308Sep 4, 2026$288Sep 18, 2026$347Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

Dated events ahead, in order, not to scaleOct 14, 2026, Dividend payment date; Oct 21, 2026, Next results due. Spacing is order only and carries no duration.Oct 2, 20261Oct 14, 20262Oct 21, 2026
  1. Dividend payment dateCompany record
  2. Next results dueProvider estimate

Management outlook

  • As we enter the second half of the year, we expect calendar 2026 wafer fab equipment spending or WFE to be in the low $150 billion range up from our prior outlook of $140 billion with upside bias.

    Timothy Archer · Statement from

  • Since its launch, Akara's installed base has doubled every year, and we expect that growth trajectory to continue in 2027.

    Timothy Archer · Statement from

Chronological order, not a duration scale. Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Council Score · weighted blend of 2 available disciplines

Council score for Lam Research (LRCX): Strongly Bullish

80/100 · A+

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Strong
Momentum Strong
Business Quality Strong
Financial Safety Strong
Valuation Weak

Legends Council

3 lenses, 3 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Favorable read
Englander-style lens (simulated) Izzy Englander Neutral read

Read on: Oct 5, 2026

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Strong
Margin of Safety Overvalued
Profit Margin Strong
Revenue Growth Strong
Debt/Equity Neutral
ROE Strong
Gross Margin Moderate

Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 9, 2026, the Munger lens read the price at that time as overvalued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the LRCX film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Lam Research (LRCX), and what does it report?

Short answer · as of

Lam is not selling semiconductors; it is selling the equipment that enables their manufacture.

Research dated 2026-09-12.

Lam is not selling semiconductors; it is selling the equipment that enables their manufacture. Its portfolio covers film deposition, conductor and dielectric etch, wafer cleaning, bevel treatment and in-line mass measurement, with demand tied to fabrication investment and the process requirements of integrated circuits.

Reported revenue separates new systems from customer support and other activity. That distinction matters because the results measure both equipment placements and the repair, maintenance and related work attached to Lam's installed base across major semiconductor-producing regions.

Sources (as of 2026-09-12): Business description; Revenue by segment; Sector / industry (provider taxonomy); Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for Lam Research (LRCX)?

Short answer · as of

The most recent reported quarter, Q4 FY2026, carried revenue of $6.72B.

Research dated 2026-09-12.

The latest reported period extended a broad expansion: revenue, gross profit, operating profit, net income and diluted earnings all advanced from the preceding period and reached the strongest levels in the displayed quarterly series. Annual revenue and net income also moved well above the preceding annual periods, while research spending continued to rise.

Every earnings release in the displayed history exceeded the associated revenue and earnings estimates. Separately, management raised its view of industry wafer-fab-equipment spending, described continued expansion of the Akara installed base and said a large-format panel tool would ship into the advanced-packaging transition; those statements outline the proposed growth mechanism rather than prove future demand.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts; Recent SEC filings

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$6.72B Jun 28, 2026
Latest quarter · R&D
$642.92M Jun 28, 2026
Latest quarter · SG&A
$322.33M Jun 28, 2026
Latest quarter · FMP standardized operating result
$2.51B Jun 28, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 28, 2026$6.72B$642.92M$322.33M$2.51B
Mar 29, 2026$5.84B$583.20M$280.31M$2.05B
Dec 28, 2025$5.34B$573.30M$267.65M$1.81B
Sep 28, 2025$5.32B$576.45M$279.35M$1.83B

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$6.72B Jul 29, 2026
Latest report · revenue estimate
$6.66B Jul 29, 2026
Latest report · revenue vs estimate
Above estimate Jul 29, 2026
Latest report · EPS vs estimate
Above estimate Jul 29, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 29, 2026$6.72B$6.66B$1.8200$1.6900
Apr 22, 2026$5.84B$5.75B$1.4700$1.3600
Jan 28, 2026$5.34B$5.23B$1.2700$1.1700
Oct 22, 2025$5.32B$5.22B$1.2600$1.2200

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q4 FY2026$6.72B$2.28B$1.81 (diluted)
Q3 FY2026$5.84B$1.83B$1.45 (diluted)
Q2 FY2026$5.34B$1.59B$1.26 (diluted)
Q1 FY2026$5.32B$1.57B$1.24 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Lam Research (LRCX)?

Short answer

Cash and short-term investments were $5.58B at the Jun 28, 2026 balance-sheet date. Operating cash flow was $1.46B for the quarter ended Jun 28, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

Lam generates substantial operating cash flow, holds more cash and investments than debt, and reports ample short-term liquidity. Its profitability and financial-quality screens also point to a business entering the next reporting cycle from a strong operating and balance-sheet position.

The cushion should not be confused with valuation support. Cash finished below the opening level of the displayed history, recent capital spending increased sharply, and the market value places far more weight on future earnings than on the current free-cash-flow yield. A retreat in wafer-fab-equipment budgets would strike the larger systems revenue line directly, leaving the support business to absorb only part of the pressure.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash decline over the reported window; Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Revenue by segment; Management outlook — dated call excerpts

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$1.46B Jun 28, 2026
Previous quarter · operating cash flow
$1.14B Mar 29, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 28, 2026$1.46B−$634.80M
Mar 29, 2026$1.14B−$331.60M
Dec 28, 2025$1.48BProvider sign conflict
Sep 28, 2025$1.78B−$185.12M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Lam Research (LRCX)?

Short answer · as of

The next earnings report is expected on Oct 21, 2026.

Research dated 2026-09-12.

The next report should show whether the recent sequential acceleration is continuing and whether revenue and earnings again clear market expectations. Within that result, watch systems against customer support, gross and operating profit conversion, operating cash flow after heavier capital spending, and the cash balance.

Operationally, Akara adoption and the panel-tool shipment are the most concrete tests of management's growth narrative. Tax expense also deserves attention because management expects revenue in higher-tax jurisdictions, particularly the United States, to raise the effective rate. Longer-range estimates assume continued expansion but spread widely, making execution more informative than the consensus headline.

Sources (as of 2026-09-12): Next earnings report; Reported versus estimated, last 8 quarters; Quarterly income statement (USD thousands); Revenue by segment; Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Management outlook — dated call excerpts; Analyst revenue and earnings estimates (average)

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. As we enter the second half of the year, we expect calendar 2026 wafer fab equipment spending or WFE to be in the low $150 billion range up from our prior outlook of $140 billion with upside bias.

    Timothy Archer ·

  2. Since its launch, Akara's installed base has doubled every year, and we expect that growth trajectory to continue in 2027.

    Timothy Archer ·

  3. And this year, we will also ship our first 310x310-millimeter panel tool putting us at the leading edge of this important packaging transition.

    Timothy Archer ·

  4. We do believe the tax rate will be in the mid-teens in the September quarter due to the increase in revenue in higher tax jurisdictions, primarily the United States as we enter the new fiscal year.

    Douglas Bettinger ·

5 · Peer comparison

How does Lam Research compare with its peers?

Short answer

Lam Research's score ranks 3rd of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Within semiconductor equipment, Lam's disclosed breadth reaches across deposition, multiple etch applications, cleaning, bevel treatment and wafer metrology. That gives it exposure to several process steps inside a fabrication plant, while the separately reported customer-support business adds revenue tied to equipment already operating in the field.

The useful comparison is therefore not with a chip designer whose economics depend on selling finished devices. Lam's demand unit is a fabrication tool placement and the work that follows around the installed base, so customer capital budgets, manufacturing complexity and tool adoption matter more directly than the selling price of any particular chip.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment; Management outlook — dated call excerpts

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Micron Technology, Inc. (MU) Named competitor$1074.89 Oct 2, 2026$1.21T99 5-pillar Oct 5, 2026
Taiwan Semiconductor Manufacturing Company Limited (TSM) Same industry, near in market value$472.78 Oct 2, 2026$2.45T94 5-pillar Oct 5, 2026
Lam Research (LRCX) — this page$347.49$435B93
Advanced Micro Devices, Inc. (AMD) Same industry, near in market value$633.91 Oct 2, 2026$1.03T90 5-pillar Oct 5, 2026
ASML Holding N.V. (ASML) Same industry, near in market value$1867.31 Oct 2, 2026$720B89 5-pillar Oct 5, 2026
Teradyne, Inc. (TER) Same industry, near in market value$449.04 Oct 2, 2026$70.2B89 5-pillar Oct 5, 2026
Marvell Technology, Inc. (MRVL) Same industry, near in market value$272.29 Oct 2, 2026$238B87 5-pillar Oct 5, 2026
Broadcom Inc. (AVGO) Same industry, near in market value$355.14 Oct 2, 2026$1.69T87 5-pillar Oct 5, 2026
KLA Corporation (KLAC) Named competitor$206.89 Oct 2, 2026$270B86 5-pillar Oct 5, 2026
Applied Materials, Inc. (AMAT) Named competitor$540.04 Oct 2, 2026$429B85 5-pillar Oct 5, 2026
Monolithic Power Systems, Inc. (MPWR) Same industry, near in market value$1439.73 Oct 2, 2026$70.7B83 5-pillar Oct 5, 2026
Texas Instruments Incorporated (TXN) Same industry, near in market value$293.80 Oct 2, 2026$268B81 5-pillar Oct 5, 2026
Analog Devices, Inc. (ADI) Same industry, near in market value$417.15 Oct 2, 2026$203B78 5-pillar Oct 5, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Technology stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$290.00 – $500.00
Consensus target
$376.68
Median target
$365.00

Consensus record · Captured .

Measured against a quoted price of $347.49 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 9, 2026

Transactions
60
Identified insiders
6
Purchases
0
Sales
49
Other transactions
11

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
86.5% Period end Jun 30, 2026
Previous quarter · ownership
81.1% Prior to period end Jun 30, 2026
Reporting holders
3,242 Period end Jun 30, 2026
Previous quarter · holders
2,730 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.132,727,776
Vanguard Capital Management LLC81,683,639
State Street Corp60,704,130
Invesco Ltd.52,319,973
Jpmorgan Chase & Co45,317,479

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Lam Research (LRCX)?

Read these with our analysis →

Lam Research Technology Stock: Key Questions Answered

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

What does Akara adoption mean for Lam Research?

Akara is an etch platform whose installed base has expanded sharply since launch, according to management. Continued adoption would support the claim that Lam is gaining equipment placements, while subsequent support activity could broaden the economic contribution.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Revenue by segment

How do Flex and Kiyo fit into Lam Research's business?

Flex addresses dielectric etch applications, while Kiyo handles conductor etch processes. Together they show that Lam participates in distinct fabrication steps rather than selling a generic semiconductor machine.

Sources (as of 2026-09-12): Business description

Why does Customer Support and Other matter for Lam Research?

The line captures economic activity beyond new system sales, including repair and ongoing maintenance around deployed equipment. It gives Lam a business linked to the installed base as well as current fabrication-equipment purchases.

Sources (as of 2026-09-12): Business description; Revenue by segment

What would Lam Research's panel-tool shipment demonstrate?

The shipment would demonstrate that Lam has equipment positioned for a large-format advanced-packaging transition. It would not by itself establish broad customer adoption, so later placements and their contribution to systems revenue remain the meaningful checks.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Revenue by segment

What is the LRCX stock price today?

The last price recorded on this page for Lam Research Corporation (LRCX) is $347.49, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the LRCX price target?

The analyst consensus price target for Lam Research Corporation (LRCX) is $376.68 (range $290.00 to $500.00, median $365.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

When are LRCX's next earnings?

The next earnings date listed on this page for Lam Research Corporation (LRCX) is Oct 21, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Sector / industry (provider taxonomy); Business description; Revenue by segment; Trailing twelve-month ratio set; Management outlook — dated call excerpts

Sources — records for every figure on this page (84 figures)

The 84 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsTimothy Archer (Jul 29, 2026): As we enter the second half of the year, we expect calendar 2026 wafer fab equipment spending or WFE to be in the low $150 billion range up from our prior outlook of $140 billion with upside bias. Timothy Archer (Jul 29, 2026): Since its launch, Akara's installed base has doubled every year, and we expect that growth trajectory to continue in 2027. Timothy Archer (Jul 29, 2026): And this year, we will also ship our first 310x310-millimeter panel tool putting us at the leading edge of this important packaging transition. Douglas Bettinger (Jul 29, 2026): We do believe the tax rate will be in the mid-teens in the September quarter due to the increase in revenue in higher tax jurisdictions, primarily the United States as we enter the new fiscal year.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressFremont, CAOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "4650 Cushing Parkway, Fremont, CA, 94538, US".

FMP — 71 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$347.49FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T12:44:50.648Z.
px.changeChange on the day+2.17%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$435BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-05T12:44:49.645Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$7.39FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q4 FY2026$6.72BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.pePrice / earnings (trailing)60.02FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day7.46MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta1.86FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveTimothy ArcherFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees23,300FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2022 through FY2026: FY2022 revenue $17.23B, net result $4.61B; FY2023 revenue $17.43B, net result $4.51B; FY2024 revenue $14.91B, net result $3.83B; FY2025 revenue $18.44B, net result $5.36B; FY2026 revenue $23.23B, net result $7.27BFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsSystem $14.89B · Customer Support and Other $8.35BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)50.5%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-28.revenue_kRevenue — period end 2026-06-28$6.72BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-28.rd_kR&D — period end 2026-06-28$642.92MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-28.sga_kSG&A — period end 2026-06-28$322.33MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-28.operating_result_kFMP standardized operating result — period end 2026-06-28$2.51BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-29.revenue_kRevenue — period end 2026-03-29$5.84BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-29.rd_kR&D — period end 2026-03-29$583.20MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-29.sga_kSG&A — period end 2026-03-29$280.31MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-29.operating_result_kFMP standardized operating result — period end 2026-03-29$2.05BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-28.revenue_kRevenue — period end 2025-12-28$5.34BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-28.rd_kR&D — period end 2025-12-28$573.30MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-28.sga_kSG&A — period end 2025-12-28$267.65MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-28.operating_result_kFMP standardized operating result — period end 2025-12-28$1.81BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-28.revenue_kRevenue — period end 2025-09-28$5.32BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-28.rd_kR&D — period end 2025-09-28$576.45MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-28.sga_kSG&A — period end 2025-09-28$279.35MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-28.operating_result_kFMP standardized operating result — period end 2025-09-28$1.83BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-07-29.revenue_actualRevenue · reported — report date 2026-07-29$6.72BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-29.revenue_estimatedRevenue · estimate — report date 2026-07-29$6.66BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-29.eps_actualEPS · reported — report date 2026-07-29$1.8200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-29.eps_estimatedEPS · estimate — report date 2026-07-29$1.6900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-22.revenue_actualRevenue · reported — report date 2026-04-22$5.84BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-22.revenue_estimatedRevenue · estimate — report date 2026-04-22$5.75BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-22.eps_actualEPS · reported — report date 2026-04-22$1.4700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-22.eps_estimatedEPS · estimate — report date 2026-04-22$1.3600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-28.revenue_actualRevenue · reported — report date 2026-01-28$5.34BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-28.revenue_estimatedRevenue · estimate — report date 2026-01-28$5.23BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-28.eps_actualEPS · reported — report date 2026-01-28$1.2700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-28.eps_estimatedEPS · estimate — report date 2026-01-28$1.1700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-22.revenue_actualRevenue · reported — report date 2025-10-22$5.32BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-22.revenue_estimatedRevenue · estimate — report date 2025-10-22$5.22BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-22.eps_actualEPS · reported — report date 2025-10-22$1.2600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-22.eps_estimatedEPS · estimate — report date 2025-10-22$1.2200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q4 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$5.58BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$1.46BFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-28. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$18.77MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$4.12BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value34.97×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-28.operating_cash_flow_mOperating cash flow — period end 2026-06-28$1.46BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-29.operating_cash_flow_mOperating cash flow — period end 2026-03-29$1.14BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-28.capex_mCapital expenditure (reported) — period end 2026-06-28−$634.80MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-29.capex_mCapital expenditure (reported) — period end 2026-03-29−$331.60MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-28.operating_cash_flow_mOperating cash flow — period end 2025-12-28$1.48BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-28.operating_cash_flow_mOperating cash flow — period end 2025-09-28$1.78BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-28.capex_mCapital expenditure (reported) — period end 2025-09-28−$185.12MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$290.00 – $500.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$376.68FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$365.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP60 transactions · 0 purchases, 49 sales, 11 other transactions · 6 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 9, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership86.5%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership81.1%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders3,242FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders2,730FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot132,727,776FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesVanguard Capital Management LLC — shares in provider snapshot81,683,639FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesState Street Corp — shares in provider snapshot60,704,130FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesInvesco Ltd. — shares in provider snapshot52,319,973FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesJpmorgan Chase & Co — shares in provider snapshot45,317,479FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 21, 2026UNRECORDEDStored earnings-calendar observation — Captured 2026-08-01
earn.historyReported versus estimated, recent quartersEPS beat 8 of 8UNRECORDEDStored earnings-history observation — Captured 2026-09-23 · Expired observation
px.range5252-week range$131.02 – $438.50UNRECORDEDStored company-profile observation — Captured 2026-10-03

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments77.97×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $5.58B at Jun 28, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-28. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$1.11COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months0.32%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-07-29.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($6.72B) with the recorded estimate ($6.66B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-29.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($1.8200) with the recorded estimate ($1.6900) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 3 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v293 of 100 · Exceptional · pillars 95 / 84 / 23 / 86 / 90OURSStock Expert AI MoonshotScore v2 engine
ours.valuation_driverRecorded valuation score driverPrice relative to book value is the main valuation drag relative to sector peers.OURSStock Expert AI MoonshotScore v2 engine · stored factor contributions
ours.moonshot_changeMoonshotScore movement93 (stored snapshot Oct 4, 2026) → 93 (current publication computed Oct 5, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-28. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-28.revenue_k, fin.q_table.depth.2026-06-28.rd_k, fin.q_table.depth.2026-06-28.sga_k, fin.q_table.depth.2026-06-28.operating_result_k, fin.q_table.depth.2026-03-29.revenue_k, fin.q_table.depth.2026-03-29.rd_k, fin.q_table.depth.2026-03-29.sga_k, fin.q_table.depth.2026-03-29.operating_result_k, fin.q_table.depth.2025-12-28.revenue_k, fin.q_table.depth.2025-12-28.rd_k, fin.q_table.depth.2025-12-28.sga_k, fin.q_table.depth.2025-12-28.operating_result_k, fin.q_table.depth.2025-09-28.revenue_k, fin.q_table.depth.2025-09-28.rd_k, fin.q_table.depth.2025-09-28.sga_k, fin.q_table.depth.2025-09-28.operating_result_k.
  2. Earnings-history note. Source series as of 2026-07-29. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-29.revenue_actual, earn.history.depth.2026-07-29.revenue_estimated, earn.history.depth.2026-07-29.revenue_actual.comparison, earn.history.depth.2026-07-29.eps_actual.comparison, earn.history.depth.2026-07-29.eps_actual, earn.history.depth.2026-07-29.eps_estimated, earn.history.depth.2026-04-22.revenue_actual, earn.history.depth.2026-04-22.revenue_estimated, earn.history.depth.2026-04-22.eps_actual, earn.history.depth.2026-04-22.eps_estimated, earn.history.depth.2026-01-28.revenue_actual, earn.history.depth.2026-01-28.revenue_estimated, earn.history.depth.2026-01-28.eps_actual, earn.history.depth.2026-01-28.eps_estimated, earn.history.depth.2025-10-22.revenue_actual, earn.history.depth.2025-10-22.revenue_estimated, earn.history.depth.2025-10-22.eps_actual, earn.history.depth.2025-10-22.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-28. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-28.operating_cash_flow_m, fin.opcf.depth.2026-03-29.operating_cash_flow_m, fin.opcf.depth.2026-06-28.capex_m, fin.opcf.depth.2026-03-29.capex_m, fin.opcf.depth.2025-12-28.operating_cash_flow_m, fin.opcf.depth.2025-09-28.operating_cash_flow_m, fin.opcf.depth.2025-09-28.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Sector / industry (provider taxonomy)
Technology / Semiconductors

The company's SEC filings classify it under SIC 3559 — Special Industry Machinery, NEC.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Business description
Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
System: $14.89B; Customer Support and Other: $8.35B
2026-06-28FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Trailing twelve-month ratio set
Quick ratio: 1.91; Current ratio: 2.63; Debt to equity: 0.33; Net margin: 31.3%; Gross margin: 50.5%; Operating margin: 35.3%; Return on assets: 30.9%; Return on equity: 67%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-07-29 — Quote: As we enter the second half of the year, we expect calendar 2026 wafer fab equipment spending or WFE to be in the low $150 billion range up from our prior outlook of $140 billion with upside bias., Speaker: Timothy Archer
  • Call of 2026-07-29 — Quote: Since its launch, Akara's installed base has doubled every year, and we expect that growth trajectory to continue in 2027., Speaker: Timothy Archer
  • Call of 2026-07-29 — Quote: And this year, we will also ship our first 310x310-millimeter panel tool putting us at the leading edge of this important packaging transition., Speaker: Timothy Archer
  • Call of 2026-07-29 — Quote: We do believe the tax rate will be in the mid-teens in the September quarter due to the increase in revenue in higher tax jurisdictions, primarily the United States as we enter the new fiscal year., Speaker: Douglas Bettinger

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-07-29OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2026 — R&D: $2.38B, Revenue: $23.23B, Period end: 2026-06-28, Net result: $7.27B
  • FY2025 — R&D: $2.10B, Revenue: $18.44B, Period end: 2025-06-29, Net result: $5.36B
  • FY2024 — R&D: $1.90B, Revenue: $14.91B, Period end: 2024-06-30, Net result: $3.83B
  • FY2023 — R&D: $1.73B, Revenue: $17.43B, Period end: 2023-06-25, Net result: $4.51B
  • FY2022 — R&D: $1.60B, Revenue: $17.23B, Period end: 2022-06-26, Net result: $4.61B
2026-06-28FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-28 — EPS: $1.81 per share, R&D: $642.92M, SG&A: $322.33M, EPS basic: $1.82 per share, EPS basis: diluted, Revenue: $6.72B, EPS diluted: $1.81 per share, Net result: $2.28B, Gross profit: $3.48B, Operating result: $2.51B
  • Quarter ended 2026-03-29 — EPS: $1.45 per share, R&D: $583.20M, SG&A: $280.31M, EPS basic: $1.46 per share, EPS basis: diluted, Revenue: $5.84B, EPS diluted: $1.45 per share, Net result: $1.83B, Gross profit: $2.91B, Operating result: $2.05B
  • Quarter ended 2025-12-28 — EPS: $1.26 per share, R&D: $573.30M, SG&A: $267.65M, EPS basic: $1.27 per share, EPS basis: diluted, Revenue: $5.34B, EPS diluted: $1.26 per share, Net result: $1.59B, Gross profit: $2.65B, Operating result: $1.81B
  • Quarter ended 2025-09-28 — EPS: $1.24 per share, R&D: $576.45M, SG&A: $279.35M, EPS basic: $1.24 per share, EPS basis: diluted, Revenue: $5.32B, EPS diluted: $1.24 per share, Net result: $1.57B, Gross profit: $2.68B, Operating result: $1.83B
  • Quarter ended 2025-06-29 — EPS: $1.35 per share, R&D: $580.18M, SG&A: $268.40M, EPS basic: $1.35 per share, EPS basis: diluted, Revenue: $5.17B, EPS diluted: $1.35 per share, Net result: $1.72B, Gross profit: $2.59B, Operating result: $1.74B
  • Quarter ended 2025-03-30 — EPS: $1.03 per share, R&D: $525.90M, SG&A: $226.02M, EPS basic: $1.04 per share, EPS basis: diluted, Revenue: $4.72B, EPS diluted: $1.03 per share, Net result: $1.33B, Gross profit: $2.31B, Operating result: $1.56B
  • Quarter ended 2024-12-29 — EPS: $0.92 per share, R&D: $494.95M, SG&A: $244.15M, EPS basic: $0.93 per share, EPS basis: diluted, Revenue: $4.38B, EPS diluted: $0.92 per share, Net result: $1.19B, Gross profit: $2.07B, Operating result: $1.33B
  • Quarter ended 2024-09-29 — EPS: $0.86 per share, R&D: $495.36M, SG&A: $243.13M, EPS basic: $0.86 per share, EPS basis: diluted, Revenue: $4.17B, EPS diluted: $0.86 per share, Net result: $1.12B, Gross profit: $2.00B, Operating result: $1.26B
2026-06-28FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-29 — EPS actual: $1.82 per share, EPS estimated: $1.69 per share, Revenue actual: $6.72B, Revenue estimated: $6.66B
  • Reported 2026-04-22 — EPS actual: $1.47 per share, EPS estimated: $1.36 per share, Revenue actual: $5.84B, Revenue estimated: $5.75B
  • Reported 2026-01-28 — EPS actual: $1.27 per share, EPS estimated: $1.17 per share, Revenue actual: $5.34B, Revenue estimated: $5.23B
  • Reported 2025-10-22 — EPS actual: $1.26 per share, EPS estimated: $1.22 per share, Revenue actual: $5.32B, Revenue estimated: $5.22B
  • Reported 2025-07-30 — EPS actual: $1.33 per share, EPS estimated: $1.21 per share, Revenue actual: $5.17B, Revenue estimated: $5.00B
  • Reported 2025-04-23 — EPS actual: $1.04 per share, EPS estimated: $1 per share, Revenue actual: $4.72B, Revenue estimated: $4.64B
  • Reported 2025-01-29 — EPS actual: $0.91 per share, EPS estimated: $0.878 per share, Revenue actual: $4.38B, Revenue estimated: $4.32B
  • Reported 2024-10-23 — EPS actual: $0.86 per share, EPS estimated: $0.81 per share, Revenue actual: $4.17B, Revenue estimated: $4.06B
2026-07-29FMPFinancial Modeling Prep (FMP) earnings
Recent SEC filings2026-08-27OFFICIALSEC EDGAR filer submissions
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-28 — Capital expenditure: -$634.80M, Operating cash flow: $1.46B
  • Quarter ended 2026-03-29 — Capital expenditure: -$331.60M, Operating cash flow: $1.14B
  • Quarter ended 2025-12-28 — Capital expenditure: $185.12M, Operating cash flow: $1.48B
  • Quarter ended 2025-09-28 — Capital expenditure: -$185.12M, Operating cash flow: $1.78B
  • Quarter ended 2025-06-29 — Capital expenditure: -$172.19M, Operating cash flow: $2.55B
  • Quarter ended 2025-03-30 — Capital expenditure: -$288.06M, Operating cash flow: $1.31B
  • Quarter ended 2024-12-29 — Capital expenditure: $110.59M, Operating cash flow: $741.94M
  • Quarter ended 2024-09-29 — Capital expenditure: -$110.59M, Operating cash flow: $1.57B
2026-06-28FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Cash, investments and debt
Total debt: $4.12B; Liquidity basis: cash and short-term investments; Total liabilities: $11.06B; Cash and short-term investments: $5.58B; Cash and investments: $5.60B; Long-term investments: $18.77M; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-28FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $5.60B; Cash and short-term investments: $5.58B; Long-term investments: $18.80M; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-28COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-28 — Amount: $5.58B, Cash basis: cash and short-term investments
  • 2026-03-29 — Amount: $4.75B, Cash basis: cash and short-term investments
  • 2025-12-28 — Amount: $6.18B, Cash basis: cash and short-term investments
  • 2025-09-28 — Amount: $6.69B, Cash basis: cash and short-term investments
  • 2025-06-29 — Amount: $6.39B, Cash basis: cash and short-term investments
  • 2025-03-30 — Amount: $5.45B, Cash basis: cash and short-term investments
  • 2024-12-29 — Amount: $5.67B, Cash basis: cash and short-term investments
  • 2024-09-29 — Amount: $6.07B, Cash basis: cash and short-term investments
2026-06-28FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash decline over the reported window
To: 2026-06-28; From: 2024-09-29; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $5.58B; Decline: $488.30M; Opening balance: $6.07B; Average change per period: $69.80M

Change in cash, cash equivalents and short-term investments between the 2024-09-29 and 2026-06-28 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length.

2026-06-28COMPUTEDComputed from reported balances
Cash against market value
As of: 2026-06-28; Cash basis: cash and short-term investments; Net cash: $1.46B; Total debt: $4.12B; Cash and investments: $5.58B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-28COMPUTEDComputed from the balance sheet and the latest market capitalization
Distress and quality screens
Altman Z-score: 24.94; Piotroski F-score: 7

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-10-21; EPS estimate: $2.15 per share; Revenue estimate: $8.13B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2028 — EPS average: $11.85 per share, Revenue average: $41.68B, Revenue low: $37.35B, Revenue high: $43.86B, Analysts (revenue): 20
  • FY2029 — EPS average: $13.86 per share, Revenue average: $47.03B, Revenue low: $38.73B, Revenue high: $56.45B, Analysts (revenue): 15
  • FY2030 — EPS average: $14.1 per share, Revenue average: $48.12B, Revenue low: $41.12B, Revenue high: $53.73B, Analysts (revenue): 7
  • FY2031 — EPS average: $17.3 per share, Revenue average: $55.75B, Revenue low: $47.64B, Revenue high: $62.24B, Analysts (revenue): 11
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold LRCX

Funds in our ETF coverage that list LRCX among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
Columbia Select Technology ETF (SEMI)6.74%
MFMO ETF6.43%
2ndVote Life Neutral Plus ETF (LYFE)5.45%
Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF (QQQG)5.07%
YieldMax Target 12 Semiconductor Option Income ETF (SOXY)5.05%
Motley Fool Innovative Growth ETF (MFIG)4.42%
iShares Technology Opportunities Active ETF (TEK)4.25%
Harbor Transformative Technologies ETF (TEC) (TEC)3.87%
iShares MSCI USA Momentum Factor ETF (MTUM)3.65%
Fundamentals First ETF (KNOW)2.58%